Frankfurt stock market opening: Nvidia figures and vague tariff hopes boost the DAX

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FRANKFURT (dpa-AFX) – Strong business figures from AI giant Nvidia and a setback for the US government’s harsh tariff policy ensured that the mood on the German stock market remained positive on Thursday.

The DAX rose by 0.77 percent to 24,224.18 points in the first minutes of trading. Contrary to pre-market expectations, however, this was not enough to set a new record. The DAX record therefore remains at just under 24,326 points, which was reached the previous day. In 2025, the German benchmark index is thus still up around 22 percent.

The MDax, the index of medium-sized companies on the German market, rose by 0.65 percent to 30,847.40 points on the Ascension Day holiday. The EuroStoxx 50, the leading index for the eurozone, was up around one percent.

US President Donald Trump is facing headwinds in his tariff policy: A US federal court denied the US president the authority to impose far-reaching tariffs under…

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